Oversight group says West Contra Costa school district is mismanaging bonds and could run out of funds for new projects

02 Oct 2017 4:25 PM |
Anonymous

embers of a citizens-oversight committee questioned how the West Contra Costa school district uses bond money to construct or improve school facilities. They raised concerns about the district over-spending its budget and draining funds slated for future projects.

Despite the district’s desire to align projects with the budget, an independent investigation echoed these concerns, calling several of the district’s budgeting practices “high risk.”

Currently, the district has an estimated $362 million available in the next five years for projects such as building new schools or renovating classrooms. But the district has planned projects beyond, which will cost more than $1 billion.